Costco Wholesale Corp. reported net sales of $57.39 billion for its fiscal third quarter, up 9.1% over the prior year quarter. Net sales for the 36-week year-to-date period increased 7%, to $171.44 billion.
Dollar Tree Inc. today said it has acquired the designation rights to 170 leases of 99 Cents Only Stores in four states: Arizona, California, Nevada and Texas.
Walgreens Boots Alliance (WBA) today announced that it has sold shares of Cencora pursuant to a share repurchase by Cencora in the amount of approximately $400 million.
Target reported that first-quarter sales were down compared to last year, as it had projected. However, the company expects sales to turn positive in the second quarter and for the year as a whole. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.
Walmart posted strong sales and profit growth for its fiscal first quarter ended April 26th. Revenues increased 6% in the quarter, to $161.5 billion, and operating income grew at a faster pace of 9.6% (13.7% adjusted). Walmart U.S. comparable store sales grew 3.
Circana has released a comprehensive analysis of the snack market, offering valuable insights and strategies for sustained growth and innovation.
WASHINGTON – Data released by the U.S. Census Bureau today shows retail sales moderated in April, National Retail Federation Chief Economist Jack Kleinhenz said. “Even though household income and job growth are compressing, the consumer spending picture remains positive,” Kleinhenz said.
WASHINGTON – Retail sales grew modestly in April, up from March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released Thursday by the National Retail Federation. A shift in the timing of Easter appeared to be behind a slight year-over-year decline.
WASHINGTON – The Merchants Payments Coalition welcomed Senator Roger Marshall’s call for Congress to pass the Credit Card Competition Act. “Back home, I’ve crisscrossed Kansas, meeting with small business owners across the state,” Marshall said.
WASHINGTON – Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, National Retail Federation chief economist Jack Kleinhenz said today. “The U.S.
CHICAGO – U.S. prestige beauty industry sales revenue grew by 9% in the first quarter (Q1), compared to the same period in 2023, according to Circana. In comparison, mass market beauty sales experienced a year over year increase of 2%.
such as heightened consumer trust, loyalty and, most importantly, improved sales performance—according to SeeHer and Circana’s latest Gender Equality Measure (GEM®) Lift research.
CVS Health reported first quarter revenue and earnings that missed Wall Street’s estimates, as increased medical costs hurt its Medicare Advantage business. Adjusted earnings per share for the period were $1.33, well behind analysts’ consensus forecast of $1.69. Revenue of $88.
SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier.
WASHINGTON – The National Retail Federation today asked a federal judge to reject the proposed settlement of a class-action antitrust lawsuit over “swipe” fees charged to merchants to process Visa and Mastercard credit card transactions.
WASHINGTON – Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest in the history of the survey, following last year’s record $35.7 billion.
